Required Minimum Distributions

How Much Money Are You Required to Withdraw this Year?

Many retirement plans require that you begin taking minimum distributions after you reach age 70 Â½.

Use this calculator to help estimate how much your Required Minimum Distribution (RMD) would be this year based on your age and the value of all your retirement accounts as of December 31 last year.

Your Results

Based on the information you provided, the estimated required minimum distribution
is shown below.

Your age this year:

00

Your current account(s) value as of last December 31:

$0.00

Your life expectancy factor:

0.00

Your estimated required minimum distribution:

$0.00

Required minimum distributions generally must begin no later than April 1 of the
year following the year in which you turn 70½. They must be taken by December
31 of each year thereafter.

This calculator uses the factors from the IRS's Uniform Lifetime Table. If your
spouse is your sole beneficiary and is more than 10 years younger than you, an alternate
calculation, which may result in lower RMD amounts, should be used.

This chart shows the portion of your account(s) that you would be required to withdraw
this year based on the information you provided.

Required Minimum Distribution

This calculator is intended only to provide an estimate of your RMD. Your actual RMD may be affected by additional factors, including but not limited to the type of retirement plan and whether you are retired, that can affect your actual RMD.

This hypothetical example is used for illustrative purposes only. Actual results will vary.

The information in this calculator is not intended as tax or legal advice, and it
may not be relied on for the purpose of avoiding any federal tax penalties. You
are encouraged to seek tax or legal advice from an independent professional advisor.
The content is derived from sources believed to be accurate. Neither the information
presented nor any opinion expressed constitutes a solicitation for the purchase
or sale of any security.